| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,190,000 |
| Down payment (20.0%) | $238,000 |
| Loan amount | $952,000 |
| Closing costs (5.0%) | $59,500 |
| Total cash to close | $297,500 |
| Income | |
| Rent (comp-derived) | $6,500$78,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,980$71,760 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,884$22,610 |
| Insurance (est. scaled by flood & wind risk) | $1,269$15,232 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $325$3,900 |
| Total operating expenses | $3,479$41,742 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $325$3,900 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 8 | 2,326 | $8,200 | 2026-07-13 | — | |
| single_family | 5 | 2 | 1,974 | $5,000 | — | — | |
| single_family | 5 | 3 | 2,442 | $6,500 | 2026-08-30 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 7840 SW 18th Ter | single_family | 5 | 4 | 2,586 | $1,120,000 | 2026-08-07 |
| 2725 SW 82nd Ave | single_family | 5 | 4 | 2,251 | $810,000 | 2026-07-23 |
| 5785 SW 46th Ter | single_family | 5 | 4 | 2,053 | $1,670,000 | 2026-07-10 |
| 6810 SW 51st St | single_family | 5 | 3 | 1,889 | $1,100,000 | 2026-06-18 |
| 1715 SW 84th Ave | single_family | 5 | 3 | 2,289 | $745,000 | 2026-06-16 |
| 7731 SW 18th Ter | single_family | 5 | 4 | 2,184 | $917,000 | 2026-06-11 |
| 6521 SW 31st St | single_family | 5 | 3 | 1,840 | $1,020,000 | 2026-06-08 |
| 5815 SW 27th St | single_family | 5 | 4 | 3,790 | $2,050,000 | 2026-04-01 |
| 8370 SW 46th St | single_family | 5 | 3 | 1,955 | $935,000 | 2026-03-31 |
| 2930 SW 79th Ct | single_family | 5 | 5 | 2,863 | $1,275,000 | 2026-03-23 |
| 6480 SW 37th St | single_family | 5 | 4 | 1,844 | $348,000 | 2026-03-16 |
| 6301 Coral Lake Dr | single_family | 5 | 3 | 2,980 | $1,735,000 | 2026-02-24 |
| 7815 SW 21st Ter | single_family | 5 | 3 | 2,456 | $795,000 | 2026-02-24 |
| 7410 SW 39th St | single_family | 5 | 3 | 1,607 | $720,000 | 2026-02-23 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2000 SW 84th Ave | single_family | 5 | 3 | 1,845 | $885,000 | — |
| 2920 SW 69th Ave | single_family | 5 | 5 | 2,457 | $825,000 | — |
| 2231 SW 57th Ct | single_family | 5 | 3 | 2,692 | $650,000 | — |
| 2216 SW 62nd Ave | single_family | 5 | 3 | 2,442 | $910,000 | — |
| 6560 SW 34th St | single_family | 5 | 4 | 1,949 | $825,000 | — |
| 5766 SW 41st St | single_family | 5 | 5 | 3,500 | $1,250,000 | — |
| 6359 SW 34th St | single_family | 5 | 6 | 4,902 | $3,249,000 | — |
| 5854 SW 30th St | single_family | 5 | 6 | 3,904 | $4,250,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,225,700 | $30,018 | -$47,296 | $941,678 | $284,022 |
| 2 | $1,262,471 | $31,127 | -$46,284 | $930,648 | $331,823 |
| 3 | $1,300,345 | $32,275 | -$45,236 | $918,859 | $381,486 |
| 4 | $1,339,355 | $33,463 | -$44,151 | $906,262 | $433,094 |
| 5 | $1,379,536 | $34,691 | -$43,027 | $892,799 | $486,737 |
| 6 | $1,420,922 | $35,962 | -$41,864 | $878,412 | $542,510 |
| 7 | $1,463,550 | $37,277 | -$40,659 | $863,037 | $600,513 |
| 8 | $1,507,456 | $38,638 | -$39,412 | $846,606 | $660,851 |
| 9 | $1,552,680 | $40,045 | -$38,121 | $829,046 | $723,634 |
| 10 | $1,599,260 | $41,500 | -$36,784 | $810,281 | $788,979 |